Global Radiology Information Systems Market 2022: Software Segment Projected to Gain Significant Value Share by 2024 End

A radiology information system (RIS) is a computer-based system that is used to manage medical imaging data and related information. It is typically used in hospitals and other healthcare settings to help streamline the process of ordering, performing, and interpreting medical imaging exams such as x-rays, CT scans, and MRIs.

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The radiology information systems market is expected to experience significant growth in the coming years due to a number of factors, including the increasing use of medical imaging for diagnosis and treatment, the growing need for electronic medical records, and the increasing adoption of health information technology (HIT) in the healthcare industry.

RIS systems can help healthcare providers to improve the efficiency and accuracy of their radiology departments by automating many of the administrative tasks associated with managing medical imaging exams. They can also help to improve the quality of patient care by providing clinicians with easy access to medical imaging data and related information.

Some of the key features of a typical RIS system include:

Order entry and scheduling: RIS systems allow healthcare providers to order and schedule medical imaging exams electronically, which can help to reduce errors and improve efficiency.
Exam tracking: RIS systems can track the status of medical imaging exams as they are ordered, performed, and interpreted, providing a clear overview of the process.
Results management: RIS systems can help to manage and distribute medical imaging results electronically, improving the speed and accuracy of communication between healthcare providers.
Reporting and analysis: RIS systems can generate reports and provide data analytics to help healthcare providers understand and improve the performance of their radiology department.
Integration with other systems: RIS systems can be integrated with other healthcare IT systems, such as electronic medical record (EMR) systems, to provide a more comprehensive view of patient care.

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Companies

Cerner Corporation

Allscripts Healthcare Solutions Inc.

Epic Systems Corporation

General Electric Company

Koninklijke Philips N.V.

Siemens AG

McKesson Corporation

Merge Healthcare Incorporated

Medinformatix Inc.

The radiology information systems market is highly competitive, with a number of different vendors offering a range of products and services. Some of the key players in the market include McKesson, GE Healthcare, Siemens Healthineers, and Philips Healthcare.

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Competitive Insights

The major players in the Radiology Information Systems (RIS) market include Cerner Corporation, Merge Healthcare, Siemens Healthcare, McKesson Corporation, Epic Systems Corporation, GE Healthcare, Philips Healthcare, Allscripts, and MedInformatix, Inc.

On an inorganic expansion front, Philips, in Mar 2019, did ink an agreement with Carestream Health, Inc.'s HCIS (Healthcare Information Systems) for reaching out to more geographies (on the part of the former one).

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